As the market dips day by day, their ability to predict the stock values diminishes progressively. Instead a common man willing to make some money during recession should look for companies which have a result or profit oriented outlook to their business. Do look out for transparent companies which publish their financial details, annual financial statements, cash flow records, balance sheets, profit and loss statements. A company which incurs low expenditure costs but at the same time manages to deliver quality products is always your safest bet when it comes to the question "Why penny stock companies are a good investment during a recession?"
To invest in the stock of a company is to help fund the activities that that company engages in. Since sin stocks are issued by companies engaged in the production and/or distribution of goods or activities that are widely considered to be immoral and unethical, to invest in penny stock symbols a sin stock is to help fund the sinful activities in question. If I buy x shares of BUD for y dollars, for instance, the large majority of y will be used to facilitate Anheuser-Busch Companies Inc. In the production and distribution of beer in the US and internationally.
Cleantech Transit, Inc. (CLNO) is surely a hot penny stocks to buy right now for 2013. The company has increased +14,900.00% YTD. Founded in 2006, CLNO (Las Vegas, Nevada) has shifted its focus several times. Starting out in mining the company was unable to find any profitable gold and silver mines. In 2010, CLNO shifted its focus to green energy when it acquired a 40% interest in Ortigalita Power Company, LLC. After being unable to secure enough funding to make the powerplant profitable the company chose to write-off its investment in Ortigalita Power Company. CLNO is now focusing renewable energy. Key Financial Statistics
You get the idea, and hopefully you can understand why I thinkthese are great best penny stocks 2013 to buy now. So without any furtherado, here's the list of my 12 favorite penny stocks as of thisweek. Each penny stock trades for less than $2, and with theexception of Sirius XM has a market cap of under $400 million. Symbol Company Name Sector Market Cap ( M ) Rating AEZS AEterna Zentaris Inc. Biotechnology $111.0 B - Buy AIS Antares Pharma Inc. Health Care Equipment $124.3 A - Strong Buy ACLS Axcelis Technologies Inc. Semiconductors $201.9 B - Buy IMOS ChipMOS Technologies Semiconductors $137.4 A - Strong Buy CRXX CombinatoRx Inc.
http://www.pennystockspy.com
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